E-Scape Bio installs permanent CEO Julie Anne Smith; Father passes reins to son at Allegro Ophthalmics
→ A year after E-Scape Bio leapt out of stealth mode with some strong backing, the San Francisco upstart is ready to put its work in neurodegeneration to a clinical test. Leading that charge will be Julie Anne Smith, who’s been appointed to succeed Orbimed partner Leon Chen as CEO. A two-time chief executive and biotech veteran, Smith brings experience in small molecule therapies and lysosomal storage disorders from her recent stints at Nuredis and Raptor Pharma. That resume checks all the right boxes for E-Scape: While the company launched with a heavy focus on a genetic approach to tackling Alzheimer’s, it has since put that project on the backburner in favor of an S1P5 program from AbbVie, which is slated for the clinic in 2019.
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